Integrated Wealth Concepts LLC Has $15.20 Million Stock Holdings in Fidelity High Dividend ETF $FDVV

Integrated Wealth Concepts LLC trimmed its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 15.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 252,064 shares of the company’s stock after selling 46,818 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Fidelity High Dividend ETF were worth $15,197,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of FDVV. RFG Advisory LLC acquired a new position in shares of Fidelity High Dividend ETF in the 2nd quarter valued at $206,000. IFP Advisors Inc raised its holdings in Fidelity High Dividend ETF by 2.2% during the 2nd quarter. IFP Advisors Inc now owns 263,334 shares of the company’s stock worth $15,876,000 after buying an additional 5,604 shares during the period. Centerline Wealth Advisors LLC lifted its stake in Fidelity High Dividend ETF by 3.9% during the second quarter. Centerline Wealth Advisors LLC now owns 135,983 shares of the company’s stock valued at $8,198,000 after buying an additional 5,110 shares in the last quarter. XY Planning Network Inc. purchased a new stake in Fidelity High Dividend ETF during the second quarter valued at about $567,000. Finally, Waverly Advisors LLC boosted its holdings in shares of Fidelity High Dividend ETF by 128.6% in the second quarter. Waverly Advisors LLC now owns 45,455 shares of the company’s stock worth $2,740,000 after buying an additional 25,574 shares during the period.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $62.64 on Thursday. The firm’s 50 day simple moving average is $62.87 and its 200-day simple moving average is $60.16. The company has a market cap of $10.17 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a fifty-two week low of $53.77 and a fifty-two week high of $64.54.

Fidelity High Dividend ETF Profile

The Fidelity High Dividend ETF (FDVV) is an exchange-traded fund that is based on the Fidelity High Dividend index. The fund tracks an index of large- and mid-cap companies that exhibit positive dividend characteristics, with overweights to sectors that exhibit higher dividend yield. FDVV was launched on Sep 12, 2016 and is managed by Fidelity.